The Boeing Company: Plenty of Runway and Clear Skies Ahead

by TheStreet
1:18 mins

The Boeing Company: Plenty of Runway and Clear Skies Ahead

by TheStreet
1:18 mins

Trifecta Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers his thoughts on take on how to take advantage of what the Trifecta Stocks team sees as a good trading opportunity in Boeing's stock ahead of the Farnborough Air Show, which begins on July 14th. Ashenberg also points to some recent news that unfolded in the commercial aerospace arena that seems quite interesting. Emirates Airlines recently announced that it is canceling an order for 70 Airbus A350 planes. Ashenberg argues that this cancellation should not be viewed as indicative of weakening demand. In fact, this may be a case where Airbus’ loss is Boeing’s gain. Only time will tell. Stay tuned...